Facebook profit story pushes shares to new high
San Francisco (AFP) July 24, 2014 - Facebook shares on Wednesday soared to a new high on word that the social network's quarterly profit and user numbers jumped as it thrives in a world gone mobile. Net income leapt to $791 million during the three months ended June 30 in a 138 percent increase from the $333 million made during the same period a year earlier, the world's biggest social network said. "We had a good second q ... more
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